Two weeks after the positive revision of its initial estimates, Deutsche Bank revised up its estimates for the middle-term profitability of the Bank of Cyprus and the possible performance of its...
The pilots’ trade union, PASYPI, decided on Tuesday to reject unanimously the Cyprus Airways reorganization plan proposed by the Company’s Board of Directors and warned that it will take dynamic...
01/11/2005
Pilots’ trade union, PASYPI criticized strongly the Board of Directors of Cyprus Airways on Wednesday (especially a specific Board member) for “attempting to dismiss managerial staff members with...
26/10/2005
The VAT paid by hotels and restaurants will reach 7.5%, according to a bill promoted to the Parliament. The bill originally provided for the incorporation of the paid duty of 3% for CTO in the VAT...
20/10/2005
The performance of the Cyprus Stock Exchange is beyond all expectations in the past few months: Since January 1, the CSE general index has recorded gains of 43% reaching 103.4 points, last seen in...
19/10/2005
In the second package of measures to be announced by the government soon, the employers’ associations expect that the latter will include measures for the restriction of the energy cost in businesses...
18/10/2005
The launch of the common CSE-ASE platform will attract investments of foreign institutional capital in Cyprus companies and will boost the island’s capital market. In his interview to StockWatch,...
13/10/2005
In its latest report for the Hellenic Bank, the international credit rating agency, Moody’s, warned for a new downgrading if the bank does not improve its credit portfolio quality and its weakening...
05/10/2005
After the Bank of Cyprus’ efforts to absorb £110 million with the issue of Rights, the Popular Bank decided to enter into the same battle. At the meeting held yesterday, the Board of Directors...
30/09/2005
According to the latest Central Bank Monetary Review, credit growth in August stood at 6.6% and it is the fastest since 2003. This is mostly attributable to the strengthening of borrowing in...
26/09/2005